In October of 2014, YIMBY reported on applications for an eight-story, 385-unit residential building at 123 Melrose Street, the site of the former Rheingold Brewery complex in western Bushwick, located three blocks from the Myrtle Avenue stop on the J/M/Z trains. All Year Management has now acquired a piece (28 Stanwix Street) of the mega-block development site – bound by Evergreen Avenue and Stanwick, Melrose, and Noll streets – from Princeton Holdings and Read Property Group for $72.2 million, The Real Deal reported.
All Year Management
Long Island City is hot. If you want one gauge of how hot, consider that YIMBY has written close to two dozen stories about or involving Long Island City just this year. While many projects are speeding along, one project – 41-21 28th Street – is moving a little more slowly, as seen in photos sent to us by our friend Tectonic.
Last spring, All Year Management filed applications for a seven-story, mixed-use commercial hub at 71 White Street, in East Williamsburg. The 79,365 square-foot project would feature a 112-key hotel, an amphitheater, retail space, and restaurants, according to Arch Daily, who also has renderings. The graffitied façade on the existing single-story warehouse will be preserved, and retail space will span the ground and second floors. In the back of the building, an open-air, second-story level will feature additional access to businesses as well as the amphitheater. The hotel will occupy the upper five floors, and will include a variety of suites and a rooftop bar. ODA Architecture is behind the design.
41-21 28th Street has risen to its third level, on its way to its final height of 185 feet. The project, developed by All Year Management, will house 166 residential units spread across 126,718 square feet.
Early last summer, excavation kicked off at 41-21 28th Street, in Long Island City, where a 16-story, 166-unit mixed-use building is planned; YIMBY revealed renderings shortly afterwards. Today, foundation work is complete, and the structure is now rising above street level, according to The Court Square Blog. The building will include a small 675 square-foot retail space on the ground floor, and units will average 763 square feet. All Year Management is developing, Karl Fischer is designing, and completion is scheduled for late 2016.